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Florida Chamber of Commerce Insurance Summit

Jeff Brandes: Legislature needs educating about flood risk

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A state senator proposing legislation to mitigate flood risk said Friday that lawmakers in Tallahassee don’t fully appreciate the extent of that risk. “I think my colleagues in the Legislature don’t quite understand the gravity of the situation — much like Congress,” said Jeff Brandes, a St. Petersburg Republican. “They do not understand how serious the risk is.” But that’s understandable, Brandes said — their constituents don’t, either. “Most folks don’t understand how important the issue of flood insurance is. Most…

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Florida Chamber Summit debates who should set insurance policy rates

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Whether insurance policy prices should be set through government regulation or left to market forces was the hot topic Tuesday for a panel of top insurance minds. “When you look at the program of protecting coastal properties, it’s been an absolute failure,” said Steven Pociask, who runs the American Consumer Institute for Citizen Research. “It subsidizes second and third homes and people [who] live in Monaco. I don’t see the point.” Pociask’s remarks were at the Florida Chamber of Commerce Insurance…

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Florida Chamber Summit forecasts state’s economy to remain strong for next three years

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Florida’s economy is expected to remain strong for the next three years, boosted by steady population growth and healthy tourism. The good economic news for the Sunshine State came through its annual financial checkup Tuesday morning at the Florida Chamber of Commerce Insurance Summit, taking place in Orlando. Providing the update was a presentation by Safety Net Hospital Alliance of Florida Executive Director James Zingale, who leads the company’s research and fiscal analysis division. Introducing Tuesday’s conference was Chamber CEO…

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